Primary use of creating a Recurring Document in GL Master

[Former Member]

Dear all,

What is the primary use of creating a recurring document in GL master as opposed to sample document? Will this enable the end user to post certain transactions like Rent automatically?

[former_member197737 · Accepted solution]

Hi Indu,

Please take a look at the following link:

Recurring Entries - Posting (FI) - SAP Library

Best regards!

[Former Member]

Hi Indu,

Recurring entries are business transactions that are repeated regularly, such as rent or insurance. The following data never changes in recurring entries:

• Posting key

• Account

• Amounts

You enter this recurring data in a recurring entry original document. This document does not update the transaction figures. The recurring entry program uses it as a basis for creating accounting documents.

Please see this link : Recurring Entries - Posting (FI) - SAP Library

Recurring Entry Transaction codes : http://scn.sap.com/thread/1243314

Hope it helps !

In case of queries please revert back.

Regards,

Prakash

[former_member627286]

Dear Indu,

yes, recurring entries are business transactions in Financial Accounting that are repeated regularly, such as rent.

For more information you can refer to:

Recurring Entries - Financial Accounting (FI) - SAP Library

Recurring Entries - Posting (FI) - SAP Library

You enter the recurring data in a recurring entry original document.

This document does not update the transaction figures.

The recurring entry program uses it as a basis for creating accounting documents.

Best regards,

Vera

[former_member204860]

dear indu,     Suppose a company have to pay a fixed amount say pension for ex employees on 1st of every month.  The amount is fixed and the receiver is also fixed.  In that case one can create a recurring document to pay the pension on 1st of every month.    Similary if any agreement to pay a fixed amount to a specified beneficiary recurring document is very useful to avoid repeated manual work.  hope this clarify your doubt.  n.selvakumar.